creating Metric Matrix

Create a Metrics Matrix from the measures identified from the internal data (assessments, quality tools). As described by the IHI, you consider the use of a comprehensive set of measures for all improvement efforts: outcomes measures, process measures, and balancing measures.

Please use the attached five whys Leadership assessment for cooper university hospital,and check quality tools to fill out the Excel spreadsheet labeled — ( Unit 5 Assignment 6_ Metric Matrix)
below is a brief description of the measures of what should be placed in the Excel metric matrix

1)Outcome measures – describe how the system impacts the values of the patient and their health and well-being, along with those of other stakeholders such as payers, employees, or the community. What are your goals? Lists all measures appropriate to the project topic More than 4 measures included Specific-please indicate time to complete this measure(total time period is one year) each semester is four months-so choose between four months eight months or one year

2)Process measures -consider the parts/steps in the system (organization) operational performance. Is the system on track in their efforts to improve the organization’s performance?Lists all measures appropriate to the project topic More than 4 measures included Specific / Specific-please indicate time to complete this measure(total time period is one year) each semester is four months-so choose between four months eight months or one year/indicate goal of each measure
3)Balancing measures- look at the system from different directions/dimensions. That is, are the changes designed to improve one part of the system (e.g., care transitions) causing new problems in other parts of the system(s) (e.g., delayed discharge planning)? Lists all measures appropriate to the project topic 4 or more measures included Specific/ Specific-please indicate time to complete this measure(total time period is one year) each semester is four months-so choose between four months eight months or one year/indicate goal of each measure
4)Financial measures -consider, just that, issues related to the financial well-being of the organization and are part of the overall metrics for the project. You may think of financial measures as different from outcome, process, and balancing; however, financial measures. integrated or as a separate category Lists all measures appropriate to the project topic 4 or more measures included Specific/ Specific-please indicate time to complete this measure(total time period is one year) each semester is four months-so choose between four months eight months or one year/indicate goal of each measure

possible references
Serrat, O. (2017). Knowledge Solutions: Tools, Methods, and Approaches to Drive Organizational Performance. Singapore: Springer Singapore.